13A.240 Regulatory impact analysis.
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13A.240 Regulatory impact analysis.
(1) Every administrative body shall prepare and submit to the Legislative Research
Commission an original and five (5) duplicate copies of a regulatory impact analysis <br>for every administrative regulation when it is filed with the Commission. The <br>regulatory impact analysis shall include the following information: <br>(a) A brief narrative summary of:
1.
What the administrative regulation does;
2.
The necessity of the administrative regulation;
3.
How the administrative regulation conforms to the content of the <br>authorizing statutes; and
4.
How the administrative regulation currently assists or will assist in the <br>effective administration of the statutes;
(b) If this is an amendment to an existing administrative regulation, a brief
narrative summary of: <br>1.
How the amendment will change the existing administrative regulation;
2.
The necessity of the amendment to the administrative regulation;
3.
How the amendment conforms to the content of the authorizing statutes; <br>and
4.
How the amendment to the administrative regulation will assist in the <br>effective administration of the statutes;
(c) The type and number of individuals, businesses, organizations, or state and
local governments affected by the administrative regulation;
(d) An analysis of how the entities referenced in paragraph (c) of this subsection
will be impacted by either the implementation of this administrative <br>regulation, if new, or by the change if it is an amendment to an existing <br>administrative regulation. The analysis shall include but not be limited to: <br>1.
A detailed explanation of the actions the entities referenced in paragraph <br>(c) of this subsection will be required to undertake in order to comply <br>with the proposed administrative regulation;
2.
An estimate of the costs imposed on entities referenced in paragraph (c) <br>of this subsection in order to comply with the proposed administrative <br>regulation; and
3.
The benefits that may accrue to the entities referenced in paragraph (c) <br>of this subsection as a result of compliance;
(e) An estimate of how much it will cost the administrative body to implement
this administrative regulation, both initially and on a continuing basis;
(f) The source of the funding to be used for the implementation and enforcement
of the administrative regulation;
(g) An assessment of whether an increase in fees or funding will be necessary to
implement this administrative regulation or amendment to an existing <br>administrative regulation;
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(h) A statement as to whether or not this administrative regulation establishes any
fees or directly or indirectly increases any fees; and
(i) The tiering statement required by KRS 13A.210.
(2) The Legislative Research Commission shall review all regulatory impact analyses
submitted by all administrative bodies, and prepare a written analysis thereof and of <br>the administrative regulation. The Legislative Research Commission may require <br>any administrative body to submit background data upon which the information <br>required by subsection (1) is based, and an explanation of how the data was <br>gathered.
Effective: July 12, 2006 <br>History: Amended 2006 Ky. Acts ch. 166, sec. 1, effective July 12, 2006. -- Amended
2005 Ky. Acts ch. 100, sec. 13, effective June 20, 2005. -- Amended 2000 Ky. Acts <br>ch. 406, sec. 14, effective July 14, 2000. -- Amended 1994 Ky. Acts ch. 410, sec. 17, <br>effective July 15, 1994. -- Created 1984 Ky. Acts ch. 417, sec. 24, effective April 13, <br>1984.
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